MTSI Manufacturing PMI Composite Indexes: November 2025 (1st Estimate)
| Index | October 2025 | November 2025 |
|---|---|---|
| General PMI | -0.47 | -0.18 |
| Shipments | 0.14 | 0.00 |
| New Orders | -0.12 | -0.42 |
| Production | 0.05 | 0.16 |
| Employment | -0.42 | -0.20 |
| Prices Paid | 0.58 | 0.56 |
| Prices Received | 0.63 | 0.29 |
The MTSI Manufacturing PMI General PMI Composite Index improved from -0.47 in October to -0.18 in November, the highest since February 2025, with 4 out of 9 PMIs reported.
- Activity indicators have largely returned to normal, with the Shipments index at 0.0 and the Production index at 0.16.
- The New Orders index remains volatile and settled a bit lower at -0.42.
- The Employment index remains negative but increased to a 6-month high of -0.20.
- The price indexes continued to fall from their 2025 highs, with Prices Paid down to 0.56 (lowest since February 2025) and Prices Received down to 0.29 (lowest since January 2025).
